The Philippines has banned licensed crypto exchanges and other virtual asset service providers from listing or supporting privacy coins, marking a significant tightening of the country’s digital asset rules. The Bangko Sentral ng Pilipinas, the country’s central bank, approved Memorandum M-2026-023, which prohibits regulated platforms from offering anonymity-enhancing virtual assets that obscure transaction details. The
Why Did Bitcoin Mining Difficulty Fall So Sharply? Bitcoin mining difficulty fell 10.09% over the weekend, dropping from 138.96 trillion to 124.93 trillion at block height 953,568, according to Galaxy Research. The move ranks as the 11th-largest downward adjustment in the network’s history and the second-largest cut of 2026. The new difficulty level is the
Why Did Strategy Buy More Bitcoin? Strategy purchased another 1,587 bitcoin for approximately $100 million between June 8 and June 14, paying an average price of $63,024 per bitcoin, according to a filing with the Securities and Exchange Commission. The purchase brings the company’s total holdings to 846,842 BTC, making Strategy by far the largest
U.S. spot crypto exchange-traded funds returned to net inflows on Friday, June 12, as Bitcoin ETFs attracted fresh capital after several days of redemptions. Spot Bitcoin ETFs recorded $85.9 million in net inflows for the session, while spot Ether ETFs posted $4.95 million in net outflows, leaving the combined crypto ETF complex with a net
Why Did Zcash Run An AI Security Audit? Zcash founder Zooko Wilcox said an artificial intelligence security audit found no serious vulnerabilities in the privacy-focused cryptocurrency’s protocol, days after developers fixed a bug in its Orchard shielded pool. The audit was requested by Shielded Labs, a Swiss-based non-profit supporting Zcash development, and conducted using Anthropic’s
Why Did Bitcoin ETF Inflows Return on Friday? U.S. spot bitcoin ETFs drew $85.8 million in net inflows on Friday, ending a five-session run of withdrawals and giving the market its first positive daily print after a week of steady redemptions. The rebound was led by BlackRock’s IBIT, which added $57.7 million, followed by Fidelity’s
Why Is Quantum Risk Becoming A Bitcoin Governance Issue? Coinbase’s Independent Advisory Board on Quantum Computing and Blockchain has estimated that roughly 7 million bitcoin sit in addresses exposed to a future quantum attack, turning a long-running technical concern into a larger governance question for the bitcoin community. The report does not argue that bitcoin
Why Did Decentralized AI Tokens Jump? Tokens tied to decentralized AI projects Venice and Morpheus rose after the U.S. government ordered Anthropic to restrict foreign-national access to its newest AI models, giving crypto-linked AI projects a fresh opening to argue for systems that are harder for governments to switch off. Venice’s VVV token climbed about
Why Are Traders Betting on SpaceX Before Its IPO? Crypto exchanges are giving traders a way to bet on SpaceX’s future share price before the company goes public, drawing billions of dollars into a new class of derivatives known as pre-IPO perpetual futures. The contracts have no direct link to SpaceX shares. Instead, they are
Why Did The Appeals Court Reject Bankman-Fried’s Case? Former FTX CEO Sam Bankman-Fried lost his appeal to overturn his 25-year prison sentence after arguing that the original trial did not give him a fair chance to defend himself. On Friday, the U.S. Court of Appeals for the Second Circuit upheld an earlier district court decision